Biden Blocks $14.9 Billion Nippon Steel Acquisition of U.S. Steel on Security Grounds
The market responded quickly; the stock price of U.S. Steel dropped 6.5% after the disclosure. Analysts speculate the choice would compel the business to rethink its approach, including a possible change from conventional blast furnace operations. The change might affect thousands of union employment.
President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has ...
President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...
We recently compiled a list of the 10 Firms Kick Off 2025 Trading in The Red. In this article, we are going to take a look at ...
United States Steel Corporation faces valuation concerns despite potential buyout deals. Click here to find out why I ...
A prominent Democratic lawmaker is calling for the approval of Nippon Steel’s $14.9 billion acquisition of United States Steel Corp. Meanwhile, CBS News reported late Thursday that President ...
President Joe Biden blocked the USD 15 billion acquisition of US Steel by Japan's Nippon Steel on Friday something he had ...
United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair ...
A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...
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